Tag: day

Mark Cuban shares his 9-figure tax bill on IRS due day

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[ad_1] Billionaire entrepreneur Mark Cuban has revealed how much he owes in taxes to the IRS.  Cuban has to pay a total of $275,900,000, according to a social media post from Monday. Cuban had shared a $288 million estimate on Sunday, after being asked by a writer if he or his “corporations pay more than the required taxes in order to pay your fair share.”  Cuban replied that he pays what he owes. “This country has done so much for me, I’m proud to pay my taxes every single year,” Cuban said…

Reddit shares plunge almost 25% in two days, finish the week below first day close

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[ad_1] The trading floor of the New York Stock Exchange prepares for the social media platform Reddit’s initial public offering in New York City on March 21, 2024. Spencer Platt | Getty Images Reddit shares are plummeting after experiencing a rally stemming from the social media company’s IPO last week. Shares closed at $49.32, ending the week below their closing price on Reddit’s first day of trading on the New York Stock Exchange. They closed at $50.44 last Thursday. Stock markets are closed on Good Friday. Reddit shares began their…

Trump says 'I love Truth Social' one day after DWAC stock plunges on social media merger vote

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[ad_1] Zoom In IconArrows pointing outwards Chart for price of shares in Digital World Acquisition Corp. in days leading up to and including shareholder approval of merger with Donald Trump’s social media company. CNBC Donald Trump on Saturday told his many online followers, “I LOVE TRUTH SOCIAL” — but shareholders in the newly merged company that will own that social media app might not feel so great after a sharp drop in price the day before. The shell company Digital World Acquisition Corp. saw its share price plunge nearly 14%…